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September 2024 is the busiest month for international shipping at the Port of Long Beach (829,499 teu processed in September)
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2024-10-18 18:03
The Port of Long Beach moved 2.63 million teu in the third quarter of 2024, the highest volume of containers it handled in a single quarter. It was 78,628 teu more than the previous busiest quarter-the second quarter of 2022.
It was also the port's busiest September, handling 829,499 teu, about 70 teu higher than the record set in September 2023.
The port attributed the record volume to holiday-related commodity demand and shippers shifting cargo to West Coast ports ahead of industrial action at East Coast ports over a new labor contract. The strike by East Coast dockworkers lasted only three days from October 1 until a tentative agreement on wages was reached. Other issues, including automation, remain outstanding and require further negotiations, leading to continued uncertainty.
Dockworkers at East Coast ports, represented by the International Dockworkers Association, have reserved the right to strike.
The Port of Long Beach is optimistic about continued growth in container throughput in the fourth quarter.
"With the peak season for shipping driving record volumes of cargo through this key gateway for trans-Pacific trade, there is plenty of room at our terminals," said Mario Cordero, chief executive of the Port of Long Beach." "We expect sales to continue to grow for the rest of the year as retailers stock up for the winter holidays."
Data for September showed imports rose 2 percent to 416,999 teu, exports fell 12.8 percent to 88289 teu and empty container throughput rose 1.5 percent to 324,211 teu.
"Our ability to work with industry and workforce partners allows us to transport large volumes of cargo reliably, quickly and sustainably," said Bonnie Lowenthal, Chairman of the Port of Long Beach Commission." "In addition, we will continue to provide strong customer service to meet the needs of consumers and the national supply chain."
In the first nine months of 2024, the Port of Long Beach handled 6.92 million teu, up 18.8 percent from the same period in 2023.
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